Fantasma Games – Demos & Reviews

Offering what it defines as “the perfect mix” when it comes to the online world’s next generation of slots, Fantasma Games brings something unique to the forefront of the industry. The studio has a deep understanding of how it wants to influence the market, and judging by the games it has already released, it’s powering through that aim with little holding it back.

If you’re new to Fantasma Games or want to explore the company and its games further, you’ve landed on the right page. We have provided a detailed review of the rapidly rising slot development company and access to free demo slots of its growing portfolio of games.

History & Company Background

A small company, Fantasma has had to rely on partnerships for most of its exposure and expansion. Established in 2016 by now-CEO Fredrik Johansson, the studio quickly forged deals with leading aggregation platforms to get its slots noticed and into new markets. 

The company first partnered with Microgaming and quickly followed that up by becoming the third studio to form an alliance as part of Yggdrasil’s YGS Masters Program. The brand continued in the same vein throughout the following years by becoming partners with the Scientific Games OGS platform and the Silver Bullet Program run by Relax Gaming.

The studio’s history includes being listed on the Nasdaq in 2020 and being purchased by the iGaming industry giant EveryMatrix in 2024. Fast-forward to the present day, and Fantasma Games titles are featured on the platforms of over 250 operators in more than 50 countries, showcasing the continued rise and development of the casino game software provider.

Key Milestones & Awards

Fantasma has enjoyed quite the rise from its humble beginnings. It has formed numerous beneficial partnerships, been listed on the Nasdaq, and eventually been acquired by Everymatrix. Below is the company’s timeline up until the present day. 

• 2017: Fantasma Games is founded in Stockholm, Sweden.
• 2018: Enters into a distribution agreement with Microgaming.
• 2018: Becomes the third studio to join Yggdrasil’s YGS Masters Program.
• 2019: Joins Relax Gaming’s Silver Bullet aggregation program. 
• 2021: Fantasma Games AB is listed on the NASDAQ stock exchange. 
• 2021: Expanded into South and Central American markets through a partnership with Salsa Technology.
• 2021: Partners with QTech to aid expansion across Asian iGaming markets.
• 2021: Enters into a strategic partnership with Golden Matrix Group Group Inc.
• 2021: Joins Scientific Games’ Open Gaming System
• 2023: Forges a partnership with the aggregation platform BlueOcean Gaming.
• 2024: Acquired by EveryMatrix for €18.5m.
• 2024: Fantasma demo slots are listed on the demoslot.com platform.

Global Presence

Fantasma Games is headquartered at Frejgatan 32 113 26 Stockholm, Sweden, and has expanded into many of the world’s most prominent iGaming markets through partnerships with aggregation platforms. 

As well as across Europe and the UK, the studio’s games feature at online casinos across North and Central America and Asia, with the developer continually looking to move into new markets to expand their global footprint.

Highest RTP Fantasma Games Slots

Fantasma has an increasing collection of slots for their fans to enjoy, each with its own return to player percentage. We keep a close eye on all slot RTPs, and when a new slot game is added to our free play slot database, it positions itself into its relevant provider RTP table if it has a high enough value to make it into the top 10. Those wishing to find which Fantasma Games slots have a high RTP can see the information in our data below.

Fantasma Games Product Portfolio

Fantasma has yet to experiment with any other casino genre except slots. These have all been standalone games other than one progressive jackpot slot developed for Relax Gaming’s Dream Drop network. 

Online Slot Games

Fantasma Games may not have been the most prolific software provider over the years, but that’s partly due to its previous small size. Now, under the EveryMatrix umbrella, the studio might just be gearing up to boost its output. Let’s take a look at some games that have proven to be popular releases with their viewership.

• Flower Fortunes: One of Fantasma’s earliest releases, Flower Fortunes quickly showed the online casino world that the studio had the capability to create exceptional slots. After all, the provider leased the Megaways mechanic from Big Time Gaming and utilised it to provide up to 531,441 ways to win across its 6×5 configuration. Throw in a maximum win of 18,480x the stake and a progression feature that unlocks increasingly exciting bonus features, and you can see why the industry sat up and took notice. 

• Hades River of Souls: A 2020 release, Hades River of Souls is a 5×3 configuration pays both ways slot with 20 paylines and an impressive 96.53% RTP. Key features include the River of Styx Wild Souls Multiplier that increases each time three or more wild symbols appear, a free spins bonus, and a buy bonus option. The slot is high variance, offers a 5,058x the stake maximum win, and features one of Fantasma Gaming’s creepiest themes. 

• Medallion: Like Flower Fortunes, Medallion is one of the studio’s breakout releases. Again, it utilises the popular Megaways mechanic, offering up to 46,656 ways to win. The game features expanding reels and cascading wins that remove winning symbols to create new winning opportunities. Other features include a Void Respin feature and a free spins mode with an increasing multiplier that enhances the potential for substantial payouts.

• Elemento: Elemento stands out due to its exciting 7×7 grid layout and cluster pay mechanics. The game incorporates elemental Wilds (Fire, Water, Earth, and Air) that trigger various exciting modifiers when activated. They can transform symbols, add wilds, or remove symbols to potentially create new winning combinations. Finally, this high variance slot has a free spins bonus with an increasing multiplier. 

• Heroes Hunt Megaways: Heroes Hunt Megaways is another example of the quality Fantasma can create when using the Megaways mechanic. In the adventure-themed slot, players choose from different heroes, each offering unique abilities that influence the gameplay, especially during the free spins bonus, which can lead to significant payouts, some as big as the 26,000x the stake maximum win. 

Progressive Jackpot Slots

As part of the Silver Bullet Program, Relax Gaming tasked Fantasma Games with creating a progressive jackpot slot for its popular Dream Drop network. Titled Volatile Egypt Dream Drop, the jackpot slot, like all others in the network, could payout huge jackpots that are seven figures in size. 

The slot itself is yet another showcase of the talents of the studio, with it featuring multiplier wilds and 4 variations of a free spins bonus game with a progressive win multiplier. Then, of course, there’s the main reason to play, and that is to stand a chance of winning any of the four progressive jackpot slots.

Fantasma Games Slots With The Biggest Payouts

Game Mechanics & How They Work

There’s one thing we can say when going through Fantasma Games’ small but impressive gaming library: “The studio is not scared to experiment with a wide variety of different reel mechanics”. As you’ll find out, the brand has even developed one of its own.

Paylines

While the oldest slot mechanic, paylines are still one of the most popular due to their simplicity and because everybody knows how they work. You win by lining up a specific number of matching symbols on a payline from left to right. 

Throughout the Fantasma slot collection, you’ll find slots with anywhere between 5 paylines and as many as 40. 

Popular Fantasma Games Payline Slots:

• Serpent Gold (5 Paylines)
• Hades River of Souls (10 Paylines)
• Mystic Spells (15 Paylines)
• Caravan of Riches (20 Paylines)
• Coins of Thor (25 Paylines)
• Cloud Corsairs (27 Paylines)
• Titan of Power (40 Paylines)

Megaways

Fantasma Games was one of the first providers to license the Megaways mechanic from Big Time Gaming. If you’ve yet to see this gaming engine in action, it can produce a random number of symbols on every reel, leading to each spin having a different amount of ways to win.

Like the Ways to Win mechanic, there are no paylines, and instead, winning combinations are created when matching symbols land on consecutive reels starting from the leftmost reel first.

Popular Fantasma Games Megaways Slots:

• Medallion Megaways (Up to 46,656 Ways to Win)
• Heroes Hunt Megaways (Up to 46,656 Ways to Win)
• Maze Escape Megaways (Up to 117,649 Ways to Win)
• Flower Fortunes Megaways (Up to 531,441 Ways to Win)

Titan Ways

Fantasma’s Titan Ways is a patented gaming engine that is essentially an evolution of BTG’s Megaways, whereby a reel modifier mechanic can deliver a random number of symbols on each reel. 

However, the key difference is that giant symbols sized 2×2, 3×3, and 4×4 can also appear. They’re not valued the same as regular colossal symbols that would payout as 4 (2×2), 9 (3×3), or 12 (4×4) individual symbols. Instead, they count as just one symbol per line they stretch across.

Fantasma Games Titan Ways Slots:

• Golden Castle Titan Ways

Ways to Win

Ways to Win is another mechanic Fantasma Games has called upon on many occasions. To win, you’ll need to land winning combinations across consecutive reels to earn your payouts. 

Our research shows that Fantasma has created slots between 243 Ways to Win and 10,000. 

Popular Fantasma Games Ways to Win Slots:

• Lucky Otter (243 Ways to Win)
• Circle of Sylvan (720 Ways to Win)
• 7 & Gems (3,600 Ways to Win)
• Fortune Llama (4,096 Ways to Win)
• Rich Raptors (4,096 Ways to Win)
• Wicked Kitty (7,776 Ways to Win)
• Fortuna Gold (10,000 Ways to Win)

Scatter Pays

The scatter pays engine has grown momentum over the years, with players being drawn to the exciting features and modifiers these games often contain. The mechanic works similarly to scatter symbols that pay on regular slots, whereby you’ll receive payouts whenever a specific number of matching symbols land anywhere in view. 

Popular Fantasma Games Scatter Pays Slots:

• Shadow Summoner Elementals
• Pirate Multi Coins
• Shadow Summoner Egypt 
• Wins of Mermaid Multipower
• 1001 Nights of Riches

Cluster Pays

The cluster pays mechanic remains a popular choice with a large segment of players, and Fantasma Games has ensured it has at least one title in its arsenal that uses it. There are no paylines or ways to win, with payouts instead calculated when symbols land in clusters anywhere on the reels. 

Fantasma Games Cluster Slots:

• Elemental

Bonus Buy Slots

Fantasma Games has joined the feature buy slots revolution, and in the vast majority of their games, especially the newer releases, you’ll be able to buy instant access to the bonus round. While the cost to do this on each game may vary, the buy amount will typically be 100x the current bet.

Best Fantasma Games Slots Ranked By Demoslot Rating

Commitment To Player Safety & Fairness

Fantasma Games has heavily relied on aggregation platforms to increase its exposure and enter new iGaming markets. To achieve this, the studio’s games would have to have been certified as fair by RNG testing companies. Although this isn’t openly stated on the provider’s website, we’re sure this is the case. 

Licensing & Regulation

Fantasma Games has yet to acquire its own licensing but has not let that slow down its expansion across many key markets. Thanks to aggregation platforms such as Yggdrasil’s YGS Masters and Relax Gaming’s Silver Bullet, Fantasma’s games feature across the following jurisdictions. 

• The UK
• Netherlands
• Denmark
• Sweden
• Finland
• Spain
• Belgium
• Portugal
• Italy
• Quebec, Canada
• Michigan, US
• West Virginia, US
• Pennsylvania, US
• New Jersey, US

Fair Play & Security

As Fantasma Games’ portfolio is distributed to operators via platforms such as Scientific Games’ OGS distribution platform, it is safe to assume the studio’s portfolio of slots meets the requirements of the iGaming markets it operates within. However, it would still look better for the studio if this information was displayed on their official website.

Partnerships & Collaborations

Along with the quality of its gaming library, much of Fantasma’s success has come down to the early partnerships it formed. The studio can thank distribution platforms from Microgaming and Yggdrasil for bringing early exposure, which has been increased through further partnerships with Relax Gaming, Scientific Games, and others in recent years. 

Those deals have allowed the studio to feature its games at many top online casinos across the UK, such as LeoVegas, Paddy Power, and Unibet, and even in the US at DraftKings and BetMGM.

Fantasma Games Transparency Checklist

Final Summary

Fantasma Games has a strong presence in the online slot industry thanks to the brand’s creativity and strategic partnerships to expand its reach. From its early days of collaborating with major aggregation platforms to its recent acquisition by EveryMatrix, the studio has continued to deliver high-quality slots.

As for its casino gaming portfolio, you will find a diverse collection, including Megaways, Titan Ways, and progressive jackpot slots. Combining this expanding game catalogue with its extensive market reach ensures Fantasma’s slots remain popular among players worldwide. As the studio continues to develop and grow under EveryMatrix, the future looks promising as long as the software house can continue to innovate in a very challenging market.